V-Guard Industries (V-Guard) announced that it has signed definitive agreements today for acquiring I 00% stake in Sunflame Enterprises Private Ltd. (SEPL) for a consideration of INR 660 crs, on a cash-free, debt-free basis, subject to closing adjustments. The transaction is expected to close by mid of January 2023. The acquisition is in line with…
Spearline, a global provider of communication testing technologies based in Co. Cork, Ireland, has acquired Callstats analytics, diagnostics and optimization technology for WebRTC from 8×8, Inc. for an undisclosed sum. 8×8 is headquartered in California, USA. This acquisition will enable Spearline to utilise Callstats’ proprietary technology to provide the best in class solution for testing and monitoring…
Partners Group, a global private markets firm, has, on behalf of its clients, agreed to acquire a majority stake in Sunsure Energy (Sunsure), a leading renewable energy and decarbonization solutions platform in India. Partners Group will invest up to USD 400 million in the Platform. Founded in 2015, Sunsure has historically built solar plants for…
In line with its ongoing evolution into a digital-led, people-driven customer experience (CX) services provider, Hinduja Global Solutions Limited (HGS), continues to make significant investments to expand its digital capabilities. The company announced two M&A developments to support its transformation journey as HGS 2.0. 1. HGS has entered into a definitive agreement to acquire a…
KKR, a global investment firm, announced that KKR has agreed to acquire Clinisupplies, a market leader in continence care products in the UK, from Healthium. Clinisupplies’ management team will continue to hold a minority position. Financial details of the transaction were not disclosed. Clinisupplies is a UK-based manufacturer and distributor of continence care products, including urinary collecting devices and…
Hinduja Tech (HT), a world-class engineering services company, acquired Drive System Design (DSD), an award-winning and globally trusted engineering consultancy known for developing innovative solutions for electrified propulsion systems. DSD currently provides advanced engineering to automotive, commercial vehicle, off-highway, defense and aviation industries from locations in the United Kingdom, the United States, and Asia, a statement said. The…
S&P Global, provider of credit ratings, benchmarks and analytics, has announced the acquisition of the Shades of Green business from the Center for International Climate Research (CICERO), Norway’s foremost institute for interdisciplinary climate research. The acquisition will be integrated into S&P Global Ratings and further expand the breadth and depth of its second party opinions (SPOs) offering.…
LRN Corporation (LRN), the leader in ethics and compliance solutions that enable organizations to inspire principled performance, announced that it has acquired the Compliance Learning business unit (“Compliance Learning”) from Thomson Reuters, further enhancing LRN’s global reach, solution offerings and international client base. With the acquisition of Compliance Learning, LRN has further established its position as…
Accenture has acquired Fiftyfive5, a customer insights and advisory business. The move will strengthen Accenture Song’s (formerly Accenture Interactive) ability to help clients tap data insights and performance marketing to accelerate growth and innovation across Australia and New Zealand. Mark Green, Accenture Song’s Australia and New Zealand lead, said: “Clients are struggling to keep up with the…
IppoPay Technologies, a verticalized payments infrastructure company, said in a statement that it has acquired the business of Roamsoft Technologies Pvt Ltd, a fintech focused IT products and services company located in Tamil Nadu, for an undisclosed amount. Roamsoft, headquartered in Chennai, is primarily engaged in the business of developing products and providing technology services…
Zetwerk Manufacturing, the global source of manufacturing across industrial and consumer products, announced it has acquired Unimacts, a leading manufacturing services company operating within various industries including industrial products, material handling, and renewable energy segments. Zetwerk’s acquisition of Unimacts will position the company for additional expansion and diversification, providing immediate access to marquee solar and…
Clearwater Analytics Holdings, Inc., a provider of SaaS-based investment accounting, reporting, and analytics solutions, completed its previously announced acquisition of JUMP Technology, a Paris, France-based provider of investment management software. With the addition of JUMP Technology, Clearwater Analytics positions itself to become an industry-leading provider of innovative, end-to-end solutions to investment management companies globally, a statement said. Companies…
AGIC Capital (AGIC), a growth-oriented private equity firm with $2.2 billion of assets under management, announced that it had acquired a majority stake in ATEC Pharmatechnik GmbH (ATEC). The sellers, ATEC’s founder & CEO, Hans-Werner Mumm, and family-backed Mittelstand investor HANNOVER Finanz Group, will remain invested in the Company, and Hans-Werner Mumm will continue to…
Hyatt Hotels Corporation and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream Hotels, The Chatwal Hotels and Unscripted Hotels brands, with properties in some of the world’s most prominent hotel markets across the Americas, Europe and Asia. This asset-light acquisition will include a portfolio of…
Biocon Biologics Ltd., a subsidiary of Biocon Ltd., announced that it has successfully completed its multi-billion-dollar (USD) acquisition of the global biosimilars business of its partner Viatris Inc. Biocon Biologics and Viatris have obtained all applicable approvals from key global regulators including the U.S. Federal Trade Commission, the Competition Commission of India and the Reserve…